A former Ford Motor Co. engineer has been charged with stealing trade secrets from the automaker after accepting a job in China in 2006. Xiang Dong Yu, 47, was arrested Wednesday in Chicago after traveling to the United States from China.
General Motors Co. is in talks with partner SAIC Motor Corp., China's biggest automaker, to explore new business opportunities that include India, a source with knowledge of the matter said on Friday.
General Motors Co.'s turnaround plan assumes it can maintain slightly more than 19 percent of the U.S. market, board member Stephen Girsky said today. "The public plan is 19 percent and change.
A decision on whether the Swedish government will give loan guarantees to General Motors' Saab unit is still a couple of months away, the country's enterprise minister said today.
General Motors Co. CEO Fritz Henderson reiterated today that the U.S. automaker would join a rights offering by its struggling South Korean unit, but gave no hint whether GM would put in as much as the unit's biggest creditor wants.
GMAC Financial Servicesand#8217; SmartAuction, an online remarketing channel for dealers, is listing off-lease vehicles from CenterOne Financial Services for sale, the companies said today.
General Motors Co. will start hearing pitches for select Chevrolet advertising assignments, although longtime incumbent agency Campbell-Ewald will remain the volume brand's agency of record, according to two executives familiar with the matter.
Germany and the European Commission are still working out an accord that would let a group led by Magna International Inc. sign a contract to take control of European carmaker Opel, a top minister said.
